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liraira [26]
3 years ago
14

The last step in the marketing process often includes: collecting the cash from sales to consumers. developing a written report

to summarize the results of the period's marketing activities. deciding the best way to distribute the product. building relationships with customers.
Business
1 answer:
pochemuha3 years ago
6 0

Answer: developing a written report to summarize the results of the period's marketing activities.

Explanation:

The last step in the marketing process often is developing a written report to summarize the results of the period's marketing activities.

Developing a written report to summarise the results of the marketing activities is necessary in order to evaluate the performance of the marketing activity and also learn from past mistakes which have previously affected the company.

These are vital in order to capture a good market share in the future and also achieve organizational goals.

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A firm purchased a three-year insurance policy for $5,760 on July 1, 2019. The $5,760 was debited to the Prepaid Insurance 2. On
Andrej [43]

Answer:

The journal entries are as follows:

(i) Insurance expense A/c Dr. $160

        To prepaid insurance             $160

(To record the insurance expense)

Workings:

Insurance expense = cost of insurance policy ÷ 36 months

                                = $5,760 ÷ 36 months

                                = $160

(ii) Advertising expense A/c Dr. $1,160

           To prepaid advertising             $1,160

(To record the advertising expense)

Workings:

Advertising expense = cost of advertisement ÷ 24 months

                                   = $27,840 ÷ 24 months

                                   = $1,160

4 0
3 years ago
On July 1, 2017, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $4,000,000. The county
Vladimir79 [104]

Answer:

Journal Entry

01 July Debit Taxes Receivable $4,000,000 Credit Allowance for uncollectible tax $200,000 Credit Revenue $3,800,000

30 April Debit Bank $3,710,000 Credit Taxes Receivables $3,710,000

 Debit Interest and penalties on Unpaid Taxes $14,300 Credit Allowance for interests and penalties $1,600 Credit Revenue $12,700

30 June Debit Bank $56,600 Credit Tax Receivable $52,000 Credit Interest and taxes on unpaid taxes $4,600

Explanation:

Allowance for uncollectible tax = $4,000,000*5% =$200,000

Allowance for interests and penalties  = 14,300 - 12,700 = 1,600

5 0
4 years ago
How can firms ensure that their code of business ethics is read, understood, believed, remembered, and acted on rather than igno
igomit [66]

Answer: The best way to ensure that your company has read and understand the code of ethics is to establish a policy for employees to read it every year and that at the end of the reading, take a knowledge test with a minimum of 90% to pass.

Explanation: The code of ethics establishes parameters that standardize the behavior of people linked to a company. By conducting the assessment every year you ensure that people refresh the code of ethics. You can also offer tutorials that serve to get the message better before the evaluation and if someone fails the evaluation, that person must repeat it until they qualify at this 90%.

8 0
3 years ago
During an OSHA inspection :
julsineya [31]

Answer:

C) you have the right to talk to the inspector privately

Explanation:

The idea with this rule is that employees will feel more free to raise potential safety concerns if they can do it in private.

4 0
3 years ago
To meet market needs companies sometimes change product names so that the name in the local language is culturally meaningful. T
Temka [501]

Answer: A Multi-Domestic

Explanation:

A MULTI-DOMESTIC strategy is a decentralized marketing strategy used by companies that are international to expand their market base in a country by encouraging local branches to establish their own marketing strategies that would cater for the country's unique needs, cultures, traditions and preferences.

Like Coca Cola in Iran for example will not have ads of women in bikinis being chilled by a cold Coca Cola bottle in the hot sun because that would go against codes of modesty in Iran.

5 0
4 years ago
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